Arizona HB2362 amends property classification rules, focusing on short-term rentals and residential rental properties.

Arizona HB2362 amends sections of the Arizona Revised Statutes to revise property classification rules, particularly for residential rental properties and short-term rentals. The bill mandates that owners of residential rental properties register with the county assessor and maintain updated information. It establishes criteria for classifying properties rented to lodgers for periods of less than thirty days. Penalties are imposed for non-compliance, including civil penalties and potential reclassification of properties.

Arizona HB2362 amends property classification rules, focusing on short-term rentals and residential rental properties.

Arizona HB2362 amends sections of the Arizona Revised Statutes to revise property classification rules, particularly for residential rental properties and short-term rentals. The bill mandates that owners of residential rental properties register with the county assessor and maintain updated information. It establishes criteria for classifying properties rented to lodgers for periods of less than thirty days. Penalties are imposed for non-compliance, including civil penalties and potential reclassification of properties.